Specialty Asset Manager II

4 weeks ago

Dallas, Texas, United States Bank of America Full time
Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us

Job Description:
Manages more complex specialty assets within The Private Bank Group with a full and in-depth understanding of all fiduciary aspects associated within a given segment of specialty assets, i.e., real estate, farm & ranch, timberland, oil & gas, private businesses. Partners closely with Private Bank relationship/client managers in proactive client service and sales activities to generate new business. Also links up closely with a Private Bank market to determine appropriate resources needed within Specialty Asset Management to obtain new business. Provides creative solutions to complex customer/asset needs. May have indirect coaching responsibilities.

Responsibilities:

Manages ownership interests in privately held companies that span various industries, sectors and business types. These interests are held by Bank of America/Merrill Lynch clients in a variety of fiduciary accounts, and responsibilities encompass all aspects that are associated with investments in private businesses. The Asset Manager will be exposed to financial statement analysis, investment valuation methodologies, certain trust and estate fiduciary matters, corporate organizational documents, as well as all aspects of corporate governance.

The associate will be responsible for the oversight of client assets that can vary significantly in value and complexity. At least annually, the associate must complete an investment review for each assigned interest. Reviews will include an updated value using generally accepted valuation methods, such as the income, market or asset-based approach, as well as assigning asset performance ratings.

This particular role focuses on the oversight of investment holding companies which requires familiarity with financial asset classes including equities, fixed income, and alternative investments.

Other activities include review of potential new assets, obtaining external valuation work product, governance activities and at the entity level as needed. Frequent contact with portfolio managers, trust officers, tax and legal experts, wealth strategists, as well as clients and their advisors as required.

Skills:
  • Collaboration
  • Decision Making
  • Issue Management
  • Prioritization
  • Strategic Thinking
  • Critical Thinking
  • Customer and Client Focus
  • Oral Communications
  • Project Management
  • Written Communications
  • Active Listening
  • Adaptability
  • Analytical Thinking
  • Continuous Improvement
  • Innovative Thinking


Required Qualifications:
  • 3+ years of experience in investment analysis or related field required


Desired Qualifications:
  • Bachelor's degree in Accounting, Finance, Economics, or related field desired. MBA a plus
  • Accredited Senior Appraiser (ASA) designation through the American Society of Appraisers is a plus
  • 1+ years of experience in a fiduciary environment a plus


Shift:
1st shift (United States of America)

Hours Per Week:
40

  • Specialty Asset Manager II – Closely Held Assets

    1 month ago

    Dallas, Texas, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Specialty Asset Management Regional Manager – Closely Held Assets

    1 month ago

    Dallas, Texas, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Closely Held Asset Manager

    1 week ago

    Dallas, Texas, United States Bank of America Full time

    Job Description:The Investment Solutions Group (ISG) provides investment solutions, trading capabilities, fiduciary execution, advisor and client support for all Bank of America s wealth channels including Merrill Lynch Wealth Management, BofA Private Bank and Merrill Edge. ISG serves around three and a half million clients and eighteen thousand advisors...

  • Director Asset Management

    1 week ago

    Dallas, Texas, United States Baylor Scott & White Health Full time

    JOB SUMMARYDirector of Asset Management is responsible for the planning, management, and oversight of real estate owned buildings for Baylor Scott and White Health (BSWH) portfolio of properties.Directs the planning and development of current and future real estate assets to maximize the value of BSWH properties and assets. May manage outside firms, vendors,...

  • Oil & Gas Asset Manager

    1 month ago

    Dallas, Texas, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Director/Senior Asset Manager

    1 week ago

    Dallas, Texas, United States Michael Page Full time

    About Our Client Our Client is a growing real estate acquisitions and development investment firm who own and develop multifamily properties across the Southeast Region of the US. They invest in both core and value-add assets with a focus on multifamily, especially assets that require repositioning in secondary and tertiary markets. Job Description Newly...

  • SC - Wealth & Asset Management

    6 days ago

    Dallas, Texas, United States Capco Full time

    About the Team:Capco is a fully independent, global management and technology consultancy providing services to the Financial Services and Energy industries. For nearly 20 years we have combined innovative thinking with deep industry knowledge to deliver business consulting, digital transformation and technology services to our clients. Our collaborative and...

  • Real Estate Vice President Asset Manager

    3 weeks ago

    Dallas, Texas, United States Selby Jennings Full time

    Our client, a premier private equity real estate fund with over $2bn in assets, has retained Selby Jennings to find an analyst to join their asset management team. This asset manager would work alongside the acquisitions on all live deals and is considered a part of the deal time with the opportunity to gain exposure to acquisitions work as well. The...

  • Underwriting Manager

    2 months ago

    Dallas, Texas, United States Core Specialty Full time

    The Property and Casualty Underwriting Manager will work independently with minimal supervision to support and manage the profitability and premium growth of assigned managing general agents. Key Accountabilities:Manage premium production and underwriting results of assigned agents or territory.Mentor and train associate in the development of agency...

  • Construction/Fixed Asset Accountant

    1 week ago

    Dallas, Texas, United States Digital Realty - Multi-Lingual 2023 Full time

    Position Title: Construction/Fixed Asset AccountantLocation: Dallas, TX Your role:As a Construction/Fixed Asset Accountant at Digital Realty, you will play a pivotal role in supporting our global development program. You will collaborate with cross-functional teams to ensure accurate milestone reporting, compliance with accounting standards, and timely...

  • Leave Case Manager II

    1 week ago

    Dallas, Texas, United States Dallas Medical Center Full time

    Leave Case Manager IIFacilityPrime Healthcare Management IncLocationUS-TX-DallasID CategoryBusiness ProfessionalPosition TypeFull TimeShiftDaysJob TypeNon-ExemptOverviewPrime Healthcare is an award-winning health system headquartered in Ontario, California. Prime Healthcare operates 45 hospitals and has more than 300 outpatient locations in 14 states...

  • Assistant Community Manager

    5 days ago

    Dallas, Texas, United States Westdale Asset Management Full time

    Rate: $ $20.00 per hour (Hourly non-exempt position)***Monthly new lease and renewal AND quarterly performance bonuses are paid in addition to base pay.***We are searching for an Assistant Community Manager to join our team at our 182-unit apartment community in the exciting Knox District of Dallas on McKinney Avenue Our ideal candidate will have the ability...

  • Transmission ROW Project Manager II

    2 days ago

    Dallas, Texas, United States Oncor Electric Delivery Full time

    SummaryThis position is responsible for coordination, implementation, execution, control and completion of specific projects in relation to right of way acquisition ensuring consistency with company strategy, commitments and goals. Responsibilities include the negotiation and mediation processes for acquiring ROW; and managing a portfolio of ROW activities...

  • Oil and Gas Regional Manager – Petroleum Engineering

    3 weeks ago

    Dallas, Texas, United States Bank of America Full time

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our...

  • Mental Health Professional II

    1 week ago

    Dallas, Texas, United States HCA Healthcare Full time

    Description IntroductionDo you want to join an organization that invests in you as a(an) Mental Health Professional II? At Medical City Green Oaks Hospital, you come first. HCA Healthcare has committed up to 300 million in programs to support our incredible team members over the course of three years.BenefitsMedical City Green Oaks Hospital, offers a total...

  • Associate - Portfolio Management

    1 week ago

    Dallas, Texas, United States MetLife Full time

    Description and Requirements Role Value Proposition : MetLife Investment Management is a premier asset manager with breadth across various asset sectors and global markets, and strong asset-liability management capabilities. With a $500 billion combined domestic and international general account portfolio and a multi-billion dollar annual cash flow,...

  • Cook II

    1 day ago

    Dallas, Texas, United States The Westin Galleria Dallas Full time

    Job Number Job Category Food and Beverage & CulinaryLocation The Westin Galleria Dallas, 13340 Dallas Pkwy, Dallas, Texas, United States VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type Non-ManagementPosition SummaryPrepare ingredients for cooking, including portioning, chopping, and storing food. Wash and peel fresh fruits and...

  • Business Development Manager

    2 weeks ago

    Dallas, Texas, United States Charger Logistics Full time

    Charger Logistics is a world class asset-based carrier. We specialize in delivering assets, on time and on budget. With the diverse fleet of equipment, we can handle a range of freight, including dedicated loads, specialized hauls, temperature-controlled goods and HAZMAT cargo.Charger logistics invests time and support into its employees to provide them with...

  • General Manager II

    1 week ago

    Dallas, Texas, United States Aramark Full time

    Job DescriptionAs a General Manager you will plan, manage, and guide contracted services for multiple sites for a client or for multiple clients normally generating $2-15M+ in revenue to meet operating and financial goals, client objectives, and customer needs.Depending on the client(s), services can include food service, facility support, custodial...

  • Cook II

    1 week ago

    Dallas, Texas, United States The Ritz-Carlton, Dallas Full time

    Additional Information Overnight ShiftJob Number Job Category Food and Beverage & CulinaryLocation The Ritz-Carlton Dallas, 2121 McKinney Avenue, Dallas, Texas, United States VIEW ON MAPSchedule Full-TimeLocated Remotely? NRelocation? NPosition Type Non-ManagementPosition SummaryPrepare ingredients for cooking, including portioning, chopping, and storing...